The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1887-10-04

Business has been exceedingly dull during the
week. the only ripple that seemed to stir the sur
face at all being the arrival OF the steamer from
the Coast.
The nter-island coasung trade has been light:
The receipts of produce aggregate 5ySS bags OF
sugar. 1866 bags paddy, 2O07 bags rice, 2i3 bags
potatoes. $50 hides ISL bags rice bran, l6i live
stock. 20 bags wool, and b cords wood, besides
unenumerated sundries-
The arrivals from foreign ports were the ViSar,
from Bremen; JAS King, from Port Townsend;
Alameda. VIM q Irwin and Forest Queen, from
San Francisco.
The departures to foreign ports were the st
Lucic, in ballast. for Port Townsend; the Aus
tralia. for San francisco, with a cargo OF tne
value of SS7, 2sI.S7; and the Alameda for Auck-
land and Sydney.
Sugar has dropped sc in New York since Sept
18th. The imports at the four leading Atlantc
ports for August were S4.S49 tons, against so,l6J
tons for the same month last year, showing
falling of Of nearly llOOO tons. YET IN spite OF
this favorable exhibit for holders the market mas
declined and has weak outlook. The consump-
ton Of the four Atlantic ports for August was
IOl 3i4 tons against los .43S tons in the same
month last year. In other words the consumption
for August this year was Il, 900 tons in excess OF
the imports, against an excess OF only lS5oJ tons
last year. This movement was calculated TO leave
the market in comparatively strong poSltl0h-
but exactly the reverse OF this has happened. The
stock on the Isl sept was l44,5li tons, against
159.lO0 tons a year AGO. The average monthly con-
sumption this year TO date is 9S,SSS tons, against
q6 $50 tons in 1885. K o LIGHT reports the con
sumption in Europe and North America for the
year ending July 3lst as follows;
iSo5-o.....-.--- 5,4~S'.o2
1884,. $3.50
Increase for ISS6-7 -, s5S
LIGHT estimates Beet crop for 1887 at :, 6O00OO
tons, against 65S6s1 tons in 1857, and 2l59 400
tons in lSS5-6.
1t is currently reported in New York on the 22d
Sept, that q new trust is shortly TO be formed 10
represent a combination of all sugar rehnerles In
Atlantic seab0ard States. including Louisiana
Cor some time move Of this kind has been CON
templated by the trade and heartily Endorsed BY
large reners but the hitch in the carrying ont OF
the programme has come, heretofore, from the
unwfllingness of some of the firms TO JON IN the
movement a representative of the Brooklyn
Sugar Refinery said in reference to the reported
trust: "A movement Is most certainly on foot to
establish combination among the'sugar renners
of the East and TO this end several plans are now
being discussed by the parties in interest.
4 priyale business letter from san Francisco,
dated September sd, 10 a firm here, says: Beets
have dropped is per cwt. since the sth inst,
which would indicate that under favorable
on the 18th at Us cd: 18th, l2s; GOTH lis lOiEd; I'D,
lis cd; and sd. lis I'D per cwt, heavy rs well as
steady decline.
The ; F Bulletin of sept 22d says: Complaint
j made at this Office that the quotations OF the
California Sugar Refinery. which are now =
below those of the American Refinery, are mis-
leading. because the California Refinery Is not i
free seller at the quotations which il gives 10 the
press. These complaints do not come alone from
narties interested IN the other refinery, but also
from the patrons Of the California Refinery.
The ANNOYANCE 10 all in The trade comes from the
vast amount Of explanation which has to be made
with interior dealers who do not see why their
orders are not filed on the basis OF the California
Refinery quotations. This involves great deal
of lettsr-Writing daily. The Bulletin publishes
the quotations of each refinery under its own
name To make price and then decline 10 take
orders at that price. does not appear to be the
fair thing, and we dc not wonder that complaint
is made concerning such conduct. The trade
would like 10 see the TWO refneries bury their
riyalries. and serve the demand indiscriminatey
at uniform rates, subject TO such changes as
Eastern and foreign markets render necessary.
Little enough is made by the jobbers on Sugar
without subjecting them TO unnecessary annoy
ances.